Business News

Credit and debit card charges to be banned as cashless economy grows

2 Aug 2017

From January next year businesses across the UK need to ensure that consumers are no longer being charged extra for paying by debit or credit card, according to new legislation from the Government. It is thought that in 2010 alone

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Two fifths of SMEs say investment plans have been negatively affected by Brexit

2 Aug 2017

A new survey from the Confederation of British Industry (CBI) has revealed that more than 40 per cent of UK businesses believe that Brexit has hurt their investment plans. The Confederation’s latest Investment Survey clearly asked 357 companies in the

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Taylor report recommends review of cash-in-hand

2 Aug 2017

Cash-in-hand payments should be replaced with technology driven alternatives in hopes of collecting up to £6 billion more in tax – this is the conclusion of a Government-commissioned review conducted by Matthew Taylor, head of the think-tank the Royal Society of

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Making Tax Digital delayed by at least a year for the majority of businesses

2 Aug 2017

The Government has announced that it plans to delay the full implementation of digital taxation until 2020. Making Tax Digital (MTD), the details of which will be included in the upcoming Finance Bill for 2017, has already faced a number

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Landlords – unpaid tax should be declared sooner rather than later

2 Aug 2017

Landlords are being advised that HM Revenue & Customs (HMRC) is redoubling its efforts to crackdown on individuals who fail to properly report their taxes. A number of reports have emerged recently which suggest that the Revenue’s Connect ‘supercomputer’ is

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